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$125,000

650 PINELLAS POINT DRIVE S UNIT 110, ST PETERSBURG, FL 33705

3D Tour
Active10 days on market

Beds

1

Baths

1

Sq Ft

640 sq ft

Year Built

1967

Lot Size

0.28 acres

Garage

About This Property

**Welcome to Velvet Cloake — Where Life Slows Down and the Views Take Over.** Discover the peaceful, waterfront lifestyle you’ve been waiting for at Velvet Cloake, beautifully situated at the tip of Pinellas Point along the sparkling waters of Tampa Bay. Now available is this charming **1-bedroom, 1-bath first-floor condo — with NO STAIRS!** Offered **fully furnished**, this home is truly move-in ready. Just bring your suitcase and settle into your own peaceful retreat. Inside, you’ll find Luxury Vinyl Tile flooring throughout, along with a newer hot water heater and A/C system(Replaced 2026). The inviting kitchen opens seamlessly into the dining and living areas, creating a comfortable and open space for relaxing or entertaining. With plenty of cabinet and counter space, the kitchen offers both functionality and convenience. Whether you’re looking for a tranquil winter getaway, a full-time residence, or your own peaceful escape by the bay, this condo offers a wonderful opportunity to enjoy the Florida lifestyle. Step outside your door and take a refreshing swim in the HEATED POOL, enjoy a friendly game of shuffleboard, or simply sit back and take in the breathtaking views of Tampa Bay. The setting is truly what makes this community special. Velvet Cloake is nestled along the waterfront at the tip of Pinellas Point, offering residents a serene connection to nature and the bay. Community amenities include a recreation room, fishing pier, kayak storage and kayak launch, making it easy to enjoy the beautiful surroundings in whatever way you choose. Take a leisurely stroll along the waterfront walkway and pause on one of the many benches to enjoy the peaceful, stunning views. Watch the boats drift by, feel the gentle coastal breeze, and let the beauty of Tampa Bay become part of your everyday life. As evening falls, look across the water and you may even catch the Sunshine Skyway illuminated in the distance, creating a beautiful backdrop to end the day. Come experience Velvet Cloake for yourself. Once you arrive, you may never want to leave.

Property Overview

Property TypeResidential
Sub TypeCondominium
MLS #TB8537751
StatusActive
Year Built1967
Stories1
Total Rooms4
ConstructionConcrete, Wood Frame
RoofShingle
FoundationSlab
FacesSouth
SubdivisionVELVET CLOAKE CONDO
CountyPinellas
OwnershipFee Simple
FurnishedFurnished

Interior Features

InteriorCeiling Fan(s), Walk-In Closet(s), Window Treatments
FlooringLuxury Vinyl
AppliancesDishwasher, Electric Water Heater, Microwave, Range, Refrigerator
LaundryCommon Area, Laundry Room
WindowsBlinds, Window Treatments
CoolingCentral Air
HeatingCentral

Exterior & Lot

ExteriorSidewalk
Lot Size0.28 acres (34,800 sq ft)
Lot FeaturesFloodZone, City Lot
Road SurfaceAsphalt
ViewWater
0

Waterfront

WaterfrontYes
FeaturesWaterfront, Bay/Harbor, Gulf/Ocean, Gulf/Ocean to Bay

Utilities

WaterPublic
SewerPublic Sewer
UtilitiesElectricity Available, Public

Parking

GarageNo

HOA & Community

HOAYes
Senior CommunityNo

Financial Details

List Price$125,000
Annual Taxes$2,417 (2025)
FinancingCash, Conventional, VA Loan
Parcel #183217938390011100

Schools

ElementaryLakewood Elementary-PN
MiddleBay Point Middle-PN
HighLakewood High-PN

Directions

Head south on Dr. MLK Jr S St past 54th ave S all the way to Pinellas Point Dr S then east East and Velvet Cloake will be on the right.

Location

650 PINELLAS POINT DRIVE S UNIT 110, ST PETERSBURG, FL 33705

Listing Information

OfficePLUMLEE GULF BEACH REALTY
ListedAugust 11, 2026

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Home Price

$125,000

20% ($25,000)
6.75%

Loan Term

Principal & Interest$649
Property Tax (est.)$115
Insurance (est.)$150
Total Monthly$913
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Nearby Schools

How to Buy This Home

Multiple financing options available for this $125,000 home in ST PETERSBURG.

🎖️

VA Loan

$0 Down

Zero down for eligible veterans, active duty, and military families.

🏦

Conventional

$6,250 Down

Traditional financing. As low as 3-5% down with good credit.

Florida Down Payment Assistance Programs

You may qualify for up to $35,000 in assistance to cover your down payment and closing costs.

Florida Hometown Heroes

Up to $35,000

First-time buyers working in FL

FL Assist

Up to $10,000

FHA, VA, or USDA borrowers

FL HLP Second Mortgage

Up to $10,000

First-time buyers, 0% deferred

Pinellas County SHIP

Varies

Income-qualifying Pinellas residents

Can You Afford This Home?

Quick check based on the 28% debt-to-income rule. Not a guarantee — just a starting point.

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Listing information is deemed reliable but not guaranteed. All measurements and data should be independently verified. This information is provided by the Stellar MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: August 21, 2026.

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